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Salve Regina University    
 
    
 
  Dec 10, 2017
 
2014-2015 Graduate Catalog [ARCHIVED CATALOG]

Financial Information



Student Financial Responsibility

All payments are due before registration. No registration is complete until all financial obligations are met and all conditions for eligibility for registration are satisfied. It is the student’s responsibility to keep addresses current, including home, local, and billing addresses. To do so, students should complete the Change of Address Form, available in the Office of the Registrar. Students are responsible for verifying to the Business Office both University and outside financial assistance to be applied against the invoice. Students should not rely on banks or other agencies to do this. The University reserves the right to cancel registration, prevent future registration, prevent participation in Commencement ceremonies, and hold diplomas, transcripts and records until financial obligations have been met in full.

Tuition and Fees

The University and the Board of Trustees reserves the right to change tuition and fees to reflect economic conditions. A current listing of tuition and fees may be found on the Graduate Studies website. Charges are payable in advance, and registration remains incomplete until all financial obligations are met. Checks returned for insufficient funds are charged to student accounts. Unpaid charges (greater than six months without payment or default on a signed promissory note) will be placed with a third party collection agency and the student will be liable for all additional costs associated with the collection of the unpaid charges. Collection costs will significantly increase the student’s financial obligation.

Financial Aid

Financial assistance is available for graduate students in the form of federal and private loans.  Eligibility is limited to accepted students, enrolled at least half-time in a degree or certificate granting program at the University. Conditionally accepted students are eligible for a maximum of two semesters. To be eligible for federal financial aid, you must apply each academic year. Since each graduate student’s financial aid is calculated based on the individual’s unique schedule and charges, it is your responsibility to inform the Office of Financial Aid of any changes to your schedule for each enrollment period. For your convenience, complete instructions with links to required forms are available in the Admissions/Financial Aid section of the Salve Regina University Web site at www.salve.edu.

 

Eligibility Requirements

To be eligible for financial aid at Salve Regina University, a student must:

  • Be a citizen or legal resident of the United States
  • Be enrolled at least half-time (two courses [6 credits] per semester) and be accepted as a candidate in a degree- or certificate-granting program at the University (Conditionally accepted students are eligible for a maximum of two semesters).
  • Be making satisfactory progress toward the completion of the course of study
  • Not be in default on Federal loans
  • Not owe a refund on a Federal grant

Federal Direct Loans

Eligibility for federal financial aid is limited to accepted students enrolled at least half-time in a degree- or certificate-granting program. Conditionally accepted students are eligible for a maximum of two semesters.

Alternative Financing and Federal Direct Graduate PLUS Loans

Private alternative loans are available to students who do not meet the requirements for federal aid. Federal Direct Graduate PLUS Loans are available for students who have exhausted their Direct Loans and meet federal eligibility. Contact the Office of Financial Aid for details.

Satisfactory Academic Progress

Students must maintain satisfactory academic progress to remain eligible for financial aid. Satisfactory progress requires a student to complete their program within a specific period of time and to maintain the required grade point average (GPA).

Academic progress for financial aid eligibility is monitored at the end of each academic year. If the minimum requirements for eligibility are not met, the student is not eligible for financial aid until academic standing meets the minimum requirements. In this case, the student may appeal to remain eligible for one semester based on mitigating circumstances. This appeal must be submitted to the Director of Financial Aid, in writing, within two weeks of the notice of ineligibility. If a student is making significant progress toward meeting the minimum requirements, one additional probationary semester of financial assistance may be granted.

Students must complete their degrees within 150 percent of the published program length or they forfeit federal aid eligibility. As an example, if a program takes two years to complete, your financial aid eligibility is up to three years.

Satisfactory Academic Progress standards for part-time study are available in the Office of the Registrar.

National Guard Tuition Assistance

Members of the National Guard may qualify for state-sponsored tuition assistance programs. Students interested in this program should contact their Adjutant General’s office. Members of the Army National Guard may also qualify for Army ROTC tuition assistance benefits under provisions of the Army ROTC Simultaneous Membership Program.

Veterans Administration Educational Benefits

Salve Regina University is approved for veterans’ benefits, including Yellow Ribbon benefits. The V.A. enrollments are certified through the Office of the Registrar. Interested persons should contact their federal veteran’s education website at gibill.va.gov or phone 1-(888)-GI-Bill1 (1-888-442-4551) for assistance.

Renewal of Financial Aid

Renewal of financial aid is not automatic. Recipients are required to apply each year by the announced deadlines. The Office of Financial Aid reserves the right to reduce, increase, or otherwise adjust any financial aid for which it is responsible. For further information regarding any of these financial assistance programs, visit our website, write or call the Office of Financial Aid at Salve Regina.

For your convenience, complete instructions with links to required forms are available in the Admissions/Financial Aid section of the Salve Regina University website at www.salve.edu.

Refund Policies

Refund Policy for Withdrawal from Campus-Based Courses

Students are eligible for refunds of tuition according to the following schedule, provided they have followed the procedure outlined in the “Withdrawal from a Course ” or “Withdrawal from the University ” sections of this catalog:

  1. A student who leaves the University during or at the end of a semester shall not be charged for the next semester. However, if the student has already registered for classes for the next semester, the student is responsible to drop the same classes before the next semester starts, using the drop/add form in the Office of the Registrar.
  2. A student who leaves the University (except for suspension or dismissal for misconduct) or changes his or her enrollment during a semester shall be eligible for a tuition and room and board refund during the first five weeks, according to the following schedule for a fall or spring semester 15-week course:
Withdrawal before classes begin 100%
Withdrawal before start of the second week of the semester 80%
Withdrawal before start of the third week of the semester 80%
Withdrawal before start of the fourth week of the semester 60%
Withdrawal before start of the fifth week of the semester 40%
Withdrawal before start of the sixth week of the semester 20%
Withdrawal after start of the sixth week of the semester 0%
Withdrawal from weekend workshops (after workshop starts) 0%
  1. The tuition refund schedule for campus-based “compressed” courses that meet seven weeks or fewer in a semester is as follows:
Withdrawal before classes begin 100%
Withdrawal before the 10th calendar day from start of course 80%
Withdrawal before the 16th calendar day from start of course 60%
Withdrawal after the 15th calendar day from start of course 0%
  1. The tuition refund policy for campus-based courses offered in summer sessions is based on the following schedule:
Withdrawal before classes begin 100%
Withdrawal during the first week of class 80%
Withdrawal during the second week of class 60%
Withdrawal after the second week of class 0%
Weekend workshops (after a workshop has started) 0%
  1. A student who is suspended, dismissed, or withdraws when under investigation for misconduct shall not have tuition refunded for the semester in which action is taken.
  2. Refunds for student withdrawals will be processed within 30 days after the University has received notification of withdrawal. Tuition refunds will be calculated based on the date the Office of the Registrar receives the withdrawal form. All fees are nonrefundable after the start of classes. The University reserves the right to charge an administrative fee for refunds of this nature.

Refund Policy for Withdrawal from Online Courses

Students are eligible for refunds of tuition according to the following schedule provided they have followed the procedure outlined in the “Withdrawal from a Course ” section of this catalog.

  1. Refunds for full-semester and four-month online self-paced courses are as follows:
Withdrawal before classes begin 100%
Withdrawal before start of the second week of the course 80%
Withdrawal before start of the third week of the course 80%
Withdrawal before start of the fourth week of the course 60%
Withdrawal before start of the fifth week of the course 40%
Withdrawal before start of the sixth week of the course 20%
Withdrawal after start of the sixth week of the course 0%
  1. Refunds for seven-week online courses are as follows:
Withdrawal before 5 p.m. on or before the first day the class begins 100%
Withdrawal before the 10th calendar day from start of course 80%
Withdrawal before the 16th calendar day from start of course 60%
Withdrawal after the 15th calendar day from start of course 0%

Tuition refunds will be calculated based on the date the Office of the Registrar receives the withdrawal form. All fees are nonrefundable after the start of classes. The University reserves the right to charge an administrative fee for refunds of this nature.